• Jeff Bezos to Keep 75 Percent of Amazon Stock After Divorce
Jeff Bezos to Keep 75 Percent of Amazon Stock After Divorce

At current value, this means her stake is worth more than $35 (£37) billion, according to Forbes . The announcement from the Bezoses - coming in a tweet from MacKenzie that was retweeted by Jeff - settled a closely watched matter of corporate governance affecting one of the world's richest companies, with a market capitalization of $890 bill...

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  • European Union can not be 'held hostage' to Brexit crisis: French President Macron
European Union can not be 'held hostage' to Brexit crisis: French President Macron

He again warned that the Brexit Withdrawal Agreement is the only deal on the table - and said that if the UK Parliament fails to pass it in the coming days, the country will have to request a longer extension or face leaving without a deal.

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  • Treasuries Lead Global Bond Rally as Bets on Fed Rate Cuts Soar
Treasuries Lead Global Bond Rally as Bets on Fed Rate Cuts Soar

Overnight, MSCI's broadest index of Asia-Pacific shares rebounded 0.2% after losing 1.4% in the previous session, though there were some eye-catching moves within that. The Treasury Department will sell US$113 billion (RM459 billion) in coupon-bearing supply this week, including US$40 billion in two-year notes today, US$41 billion in five-year note...

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  • Jet Airways founder Naresh Goyal, wife Anita step down from board
Jet Airways founder Naresh Goyal, wife Anita step down from board

Saddled with debt of more than $1 billion, Jet has been on the brink of collapse, and had to ground more than two-thirds of its fleet as it struggled pay lenders, suppliers, pilots and leasing companies. The consortium of banks, led by SBI, may invoke the entire 51 per cent stake of Naresh Goyal in the airline, said a report by The Economic Times...

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  • No Winner In Powerball Drawing, Prize Now Up To $750 Million
No Winner In Powerball Drawing, Prize Now Up To $750 Million

The winning numbers for Saturday night are 24, 25, 52, 60, 66 . The Power Play was 3x. In total, there were more than 3.7 million winning tickets across all prize tiers. If you only match one of the white balls tonight, you won't win any money. Those who wish to buy a ticket for the next drawing should purchase their tickets at least two hours b...

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  • Anil Ambani thanks Mukesh, Nita for timely support in clearing RCom dues
Anil Ambani thanks Mukesh, Nita for timely support in clearing RCom dues

In a verdict that had come as a setback to Ambani, the court on February 20 had pulled up the industrialist for his "cavalier attitude" demonstrated through the affidavit filed in the court and said any "unconditional apology" given must be rejected.

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  • Tesla unveils its Model Y crossover
Tesla unveils its Model Y crossover

One thing that struck us about the Model-Y is how Tesla is still influenced by Porsche's aesthetics. "It seems to be another distraction tactic presenting a new model and (to) divert from the problems with the other cars , the production and the profitability", NORD/LB analyst Frank Schwope said.

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  • Celebrate Pi Day with discounts on pizza, pie and more
Celebrate Pi Day with discounts on pizza, pie and more

Pieology in Fayetteville and Siloam Springs is offering an artisan thin pizza for $3.14 with the purchase of another artisan thin pizza. Order online from Hungry Howie's and enter the promo code 19PI to get a one-topping medium pizza for $3.14 today with the purchase of any bread at regular menu price.

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  • Canada: More Jobs, Fewer Hours in February
Canada: More Jobs, Fewer Hours in February

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015. The much-stronger-than-expected labor market is the only thing giving policy makers comfort amid a run of bleak data in recent months.

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  • China Trade Deal Takes Shape
China Trade Deal Takes Shape

That reflected a deterioration of more than US$100 billion from the figure that Trump inherited from President Barack Obama. And while the widening trade gap can be seen as an embarrassing data point for the President, it underscores how the asymmetry in the U.S.

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  • Gap to close 230 stores over the next two years
Gap to close 230 stores over the next two years

Gap's president and chief executive, Art Peck, will stay at the helm of the new company. It will have annual revenue of about US$9 billion, compared to Old Navy's US$8 billion, the company said. "Following a comprehensive review by the Gap Inc. board of directors, it's clear that Old Navy's business model and customers have increasingly diverged...

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  • YouTube pulls advertising from anti-vaxxer videos
YouTube pulls advertising from anti-vaxxer videos

YouTube has banned videos on channels promoting anti-vaccination conspiracy theories and pseudo-science from running adverts monetizing the content. Social media platforms, including Facebook and YouTube , have been used aggressively by anti-vaccination proponents.

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  • Canadian minister quits as political crisis deepens for Trudeau
Canadian minister quits as political crisis deepens for Trudeau

In her resignation letter she alludes to the controversy and said she is looking to determine what she can and can't say about it. Veterans Affairs Minister Jody Wilson-Raybould quit on Tuesday amid news reports that she was pressured to go easy on a major firm past year when she was justice minister, a development that deepened a political c...

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  • US crude oil refinery inputs increase last week
US crude oil refinery inputs increase last week

Following a US decision to impose sanctions on Venezuela's oil industry last week, Guaido and the Trump administration have sought to appoint a new board of directors for Citgo. USA distillate stocks fell by 2.3 million barrels, while inventories of other refined fuels dropped by 2.9 million barrels. Higher American output is threatening to offse...

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  • Venezuela slams European Union countries for aligning with U.S.
Venezuela slams European Union countries for aligning with U.S.

Lavrov said Moscow considers the situation in Venezuela "alarming" particularly because of the recognition of Guaido as interim president by a range of countries. This weekend he plans to oversee a deliberate provocation of the military by ordering in supplies of humanitarian aid. The young lawmaker accused the military on Monday of planning to ...

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  • U.S. raises travel advisory for Venezuela to 'Do Not Travel'
U.S. raises travel advisory for Venezuela to 'Do Not Travel'

Mr Maduro, sworn in on January 10 for a second term after disputed elections a year ago, accuses Mr Guaido of staging a US-directed coup against him. Mr Guaido, the head of Venezuela's National Assembly, says he has spoken repeatedly with President Trump and called for "great pressure" on the repressive Maduro regime.

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  • US announces criminal charges in China-related case
US announces criminal charges in China-related case

The US Justice Department filed 13 charges against the tech firm, two of its subsidiaries and a senior executive on Tuesday, accusing it of misleading banks about the company's business and violating US sanctions. Prosecutors said Huawei, and Meng in particular, lied to banking authorities to avoid questions about whether the firm evaded USA sancti...

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  • Boeing's Flying Car Lifts Off in Race to Revolutionize Urban Travel
Boeing's Flying Car Lifts Off in Race to Revolutionize Urban Travel

Boeing subsidiary Aurora Flight Sciences designed and developed the prototype. The world's largest aerospace company successfully launched a 30-foot-long Passenger Air Vehicle a few feet off the ground before sticking a gentle landing less than a minute later, per a report via Yahoo! The test flight represents the latest milestone for Boe...

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  • Hard border in Ireland if no Brexit deal: European Union spokesman
Hard border in Ireland if no Brexit deal: European Union spokesman

British opposition Labour Party leader Jeremy Corbyn has moved a step closer to paving the way for another Brexit referendum by trying to use parliament to grab control of the issue from Prime Minister Theresa May . "It would obviously be less favourable for Ireland than an indefinite backstop, but much more advantageous than no-deal Brexit"...

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  • USA report says rapidly modernizing Chinese military has set sights on Taiwan
USA report says rapidly modernizing Chinese military has set sights on Taiwan

The Chinese rail network has about 100,000 kilometers of track, 10,000 kilometers of which is high-speed track supporting trains running at up to 250 kilometers per hour, the Pentagon said in its 2019 "China Military Power" report. they are getting to a point where the PLA leadership may actually tell Xi Jinping that they are confident in their...

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  • China-US trade talks have laid foundation for a deal, ministry says
China-US trade talks have laid foundation for a deal, ministry says

Trade tensions between the world's two largest economies escalated past year, putting global stock markets on edge. Mofcom spokesman Gao Feng said that these issues were an important item of the negotiations, and that progress has been made.

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  • Is it the China slowdown or is it just Apple?
Is it the China slowdown or is it just Apple?

Rupal Bhansali , chief investment officer of Ariel International and Ariel Global , and Rajiv Jain , head of GQG Partners , which invests in global and emerging market stocks, are among the veteran investors who have been warning of potential trouble for Apple for months .

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  • Slowing iPhone sales in China drive market plunge
Slowing iPhone sales in China drive market plunge

When compared to the estimates provided by Apple to its investors in November , the revenue amount took a drastic nosedive, while the "other income/(expense)" category went through the roof, reaching approximately $550 million from an initial estimate of $300 million.

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  • Tesla shares fall on price cut, soft Model 3 deliveries
Tesla shares fall on price cut, soft Model 3 deliveries

Tesla had previously stoked investor optimism by claiming that improvements in efficiency had reduced the number of labor hours needed to build the Model 3 by 30 percent. The company has been banking on its Model 3 sedan, the performance of which is seen crucial to the carmaker's future. The Model 3 Long Range starts at $52,200 and the Performa...

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  • Sumter's Kmart to close in March
Sumter's Kmart to close in March

Also, the Sears at Westmoreland Mall on Route 30, just outside of Greensburg, will shut its doors as well. Lampert persuaded three lenders to finance the $4.4 billion offer, according to a statement from ESL Investments. The company says it has announced the latest round of closings as part of a financial restructuring. The Associated Press rep...

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